SFIO to probe Rs 7,500 crore audit fraud at Ramky
The Ministry of Corporate Affairs (MCA) has ordered a probe by the Serious Fraud Investigation Office (SFIO) into allegations of suspected audit and […]
Month: October 2018
MCA data: 63% of 17.95 lakh registered companies in India active in august
Around 63% of the 17.95 lakh companies registered in India were active at the end of August, data from the ministry of corporate […]
Competition law reforms to remove high entry barriers: MCA secretary
The corporate affairs ministry Monday said the focus of further reforms will be on designing of competition law to remove high entry barriers […]
Yamaha India workers move HC against company’s ‘unfair labour practices
Workers of India Yamaha Motors here on Friday moved the Madras High Court seeking a direction to the Tamil Nadu Labour Department to […]
Government may give Rs 2,500 crore bank guarantee for state-owned firm STC
State Trading Corporation (STC) may *soon get relief* from the government in terms of *bank guarantee of Rs 2,500 crore* to help […]
PSU banks seek oversight panel, want government not to act with ‘undue haste
State-run banks have asked the government to set up an oversight committee to examine allegations made against managements before any formal action is […]
Permanent Rajasthan RERA tribunal plan likely to get election commission nod
The Real Estate Regulatory Authority (Rajasthan) proposal to constitute permanent appellate tribunal is expected to get the Election Commission (EC) steering committee nod The […]
Technical glitch hits property registrations in Maharashtra
In this prime Dasara season, property registrations in the state have been affected by a technical glitch in the online payment verification system. The […]
SIDBI keen to expand exposure in MFI industry as it posts 25% annual growth
In the backdrop of the domestic microfinance industry *posting an annual growth of about 25%* the Small Industries Development Bank of India […]
KKR weighing investment in IL&FS road projects
Private equity firm KKR & Co., which completed raising a $7.4 billion infrastructure fund last month, is evaluating infrastructure sector buyouts in India, […]